The Fed Probably Won't Raise Rates Seven Times in 2022
Real Vision: Finance & Investing
00:00
Are We Closer to Full Employment?
The employment cost index relative to the quits rate is at an all-time high. That number continues to drag up the employment cost index, which is the broadest measure of wages and benefits in the economy. There may be a lot of households who just don't eat the work as much or people who are nearing retirement and looking at their four one. N there's about two point six trillion in excess savings, according to our calculations.
Play episode from 21:21
Transcript
